Crude Oil prices fell in
Asian trade on Wednesday, altering earlier gains, as doubts re-emerged over
whether OPEC would agree to a crude oil production cut at a ministerial meet next
week.
A strong dollar, which
traded close by the 13 1/2-year peak hit last week, also weighed on prices among
thin trading ahead of the US Thanksgiving holiday on Thursday.
International Brent crude oil futures dropped 8 cents to $49.04 a barrel
at 0548 GMT after climbing to $49.42 a barrel earlier in Wednesday's session on
optimism OPEC would agree to an output cut.